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. >>steve: the president's latest nomination running into major resistance from both parties. but somebody is stepping in to help. wait till you hear who is funding the fight. remember this guy? he got so drunk at a flight he had to be duct taped to his seat. if you thought the pictures were bad, wait till you see the video of him getting taped up. >>brian: "fox & friends" starts now. >>brian: i wonder if that guy was going on vacation? >>gretchen: he was apparently. he was going to the caribbean to meet his girlfriend. the only problem was he was groping other women on the flight. >>brian: that and the fact he drank an entire bottle of whiskey. the thing is if he wants to look at his vacation photos, everyone in america has them. the only thing about this story is i'd love to go to iceland. >>steve: he's going from iceland to new york eventually to the caribbean. >>gretchen: iceland was the hit place a couple of years ago. we saw a bunch of people in hot tubs. >>steve: natural springs. >>gretchen: then something happened. >>brian: i think the economy collapsed. >>gretchen: we've got to ge
it was on a plane. >>alisyn: that's better? >>steve: eric bolling in for brian who is on vacation. ali is in for gretchen. >>alisyn: what have you done with your staff? >>steve: they are on vacation. >>alisyn: a lot of news. there are brand-new concerns about killer whales that freed themselves from the ice in quebec. no one has seen them since. we watched that video of a family of 12 whales struggling to breathe out of a hole the size of a pickup truck. then the wind shifted and the water opened up -- the ice opened up and the grandmother whale, we're told, led them all to safety. but now aerial crews sent to track them cannot find the whales. killer whales can swim a mile before needing air. that is about 20 minutes. we'll keep an eye on this story and bring developments as soon as we get them. >>> there is enough evidence, we're told, to put the accused dark knight shooter on trial. he is expected to be arraigned today. but it is likely defense attorneys will ask for a delay. james holmes is accused of opening fire in a colorado theater last july killing 12 people and injuring 70. >
i'm gretchen carlson. the flu outbreak is spreading more. how you can protect yourself. >>steve: call him sherrif joe biden. he tells the president forget congress. crack down on guns by executive order. will they really gut the second amendment? >>brian: what would you do? an invisible driver places an order at the drive-thru. >> hello. is someone in there? >> i'm a ghost. thank you. >>brian: "fox & friends" said they did the right thing. i'm a tkpwoefplt -- i'm a ghost. >>gretchen: first we see dogs driving cars a few weeks ago. now we have ghosts driving cars and ordering fast-food restaurants? >>brian: i've got a feeling that is a practical joker as opposed to a dog driving. later on in the show we'll get a trainer show you how to get your dog to drive a lawn mower. >>steve: do you think the after-life is interesting going through the drive-thru window? >>brian: you need a quick break but don't have time to sit down and have somebody take your order because you're a ghost. you drive through and go back to scaring people. >>gretchen: let's begin with a fox news alert. the flu
live right on television after you're done. >> you gave steve part of our studio platform? >>steve: no. you will have to tune in. stay tuned. >> i think i'm going to be here for the three hours. >>steve: you will have to stay tuned to find out what exactly was involved. it did involve this pocket hose right here. >>brian: he's supposed to be on the camera, and he goes to get a pocket hose right in the middle of a segment. what are you? an extra? what are you? an august sillry? -- an auxiliary? >> this is getting more intriguing by the minute. i can hardly wait to hear about that hose. >>steve: it was something that happened on friday that went hardly awry. >> was this at the end of the show? >>steve: no. >> when i was on the treadmill, i was watching part of the show, but i missed this whole hose episode. then all of a sudden you guys froze at 8:40. maybe it was a direct tv satellite thing. you froze for the next 20 minutes. >>brian: it was chilly outside. >> we've got to get to headlines. it's shaping up to be a big week for white house staff announcements. president obama will no
they can grow up to be the football quarterback and wind up with a girl like that. >>steve: the message, if you're not quarterback you'll never have an attractive girlfriend? >>gretchen: no. there have been other stories in the past about male athletes who hook up with girlfriends or wives and then they start playing poorly and they say it is the wife's fault. >>brian: if you're going to talk about fault, the main fault notre dame had last night is they should have put rudy in right at the end. >>gretchen: all right. we have lots to tell you about this morning. let's start with your headlines. a lottery winner comes forward to claim his prize. one day later he's dead. a month after calling it a natural death, investigators in chicago say he was poisoned. last june he won $1 million in a scratch-off lottery game. a day later he died. his death was blamed on cardiac disease but a few days later a family member asked him to investigate. tests revealed the 46-year-old was poisoned with cyanide. >> more common in literature than real life. cases do pop up. i had a cyanide suicide probably ab
for the economy, but not enough to pull it off. >> paul: steve, let me, is there a silver lining here at all that maybe the public will begin to understand that you can't reduce the deficit with a tax increase? you just can't do it. this represents what, 600 billion dollars they say over ten years, that's about 6, 7% max of what the deficit is? >> great point, paul. let me step back a minute and say that you and i and dan and eric will lived through the budget deals for 25, 30 years, this is the first and almost none of them have worked out very he well. but this is the first budget deal i can recall dating back to the early reagan years, there wasn't a pretense of cutting spending. usually $3 of phony tax cuts for-- >> there was a tax increase in the deal with extension of unemployment. and now i think the republicans are on a little higher ground as we go forward. you saw president obama in his little press conference after he signed the bill saying this is only the first of many tax increases to come in 2013. i believe the republicans are not going to budge an inch on that, i think they'r
. as steve just said, president obama is saying he wants more tax increases. there is no solution on the other side. there is no certainty out there. people are looking at very expensive obamacare and no way to pay for it. >> paul: if we can afford it after paying your tax bill, you might want to hire a lobbyist. it was awarded with $400 million in tax breaks in fiscal cliff deal. we'll tell you who the other big winners were when we come back. >> president obama for his part praised this week's huge new tax increase saying that millionaires and billionaires will finally pay their fair share under the fiscal cliff compromise, that is unless they were smart enough to hire a lobbyist. those folks managed to get their taxes reduced in the deal, as congress handed out 78 million dollars in tax write-offs for nascar track owners 222 million dollars in tax rebates forum distillers, and 430 million in tax credit for hollywood producers, and billions more in green energy give aways. so, mary, i thought this was about social justice, the rich paying their fair share. what happened? >> yes
it up to washington d.c., is that right or wrong? i am dave asbin. we'll go to steve and rich and mike and john, you love this idea and think it is good for the whole, country explain. >> one of the scandal is not the deficits, but the fact that federal government collects 2.5 trillion. with the consumption or sales tax, this is the lone way we can limit how much money gets to the federal government and more businesses would be created and jobs and the federal government would not be penalizing our work and we would get more work and jobs. >> sounds good to me, rick, to you? >> here's the problem. i will not touch incredibly regressive nature of this. >> by regressive, it hits the poor more than the rich? >> exactly. put the brakes on a economy, imagine what happens here. first of all, to keep the revenue neutral, you are looking at a 20r 30 percent sales tax . add that to the state tax that governor gindale wants to add. no one will be able to afford it or go shopping. >> steve, this is a country of experiment ground . the states experiment with things that might do better. >> there a
. >> let's check weather, traffic, steve is there, we have a coat, we have an crumbled -- an crumbled la -- umbrella. >> right there on the coast, that is where the most active weather is right towards san mateo coast. it is going to be very cool, upper 40s and 50s. >>> good morning right now, traffic on 880 north and southbound. we are off to a nice start with not a lot of major problems to report. also looking at the san mateo bridge, that traffic is doing well. let's go back to the desk. >>> the caster valley man is facing charges in a drug case that is getting national attention this morning. he had a live alligator guarding his marijuana. here is more on this with this alligator named, mr. teeth. claudine? >> reporter: well, dave, no doubt, deputies here are used to dealing with a lot of strange and unusual things but a 5-foot alligator guarding a stash of marijuana that does not happen every day. this alligator is 5 feet long and his name is mr. teeth. he is kept in a flex i glass enclosure in the bedroom of a home and he is this morning being cared for at the oakland zoo. he is d
pam cook. >> and i am brian flores, let's get you started with steve paulson, what do you think? >>> we have some patchy fog not too much but there is more this morning than we have seen. a lot of high clouds coming in, no big deal, mostly sunny after that fog burns off and we have some big changes towards the end of the week, here is sal. >>> good morning, we are looking at some pretty good traffic but i think a lot of people will be back today and we will talk about 80 westbound and traffic looks good as you drive through there. no major problems and also the morning commute looks good at the bay bridge toll plaza, with no major delays. let's go back to the desk. >>> a man was stabbed an injured in san jose and now police are searching for suspects. janine de la vega is on the scene and tells us what police are saying this morning, jeanine? >>> we are here in front of an apartment complex. now police have left the scene already and what you can see is the shattered glass from the window that was broken in the stabbing. a man who lives in this apartment complex on the drive was
. . >>> it is wednesday january 9th, steve says changes. >> not yet, but tomorrow. temperatures are 20s and 30s and 40s but we have increasing clouds throughout the day and 50s coming up, more on the weather coming up here is sal. >>> so far we have a nice start to the morning commute and the morning commute will be looking good on 880 and a lot of that road work has been picked up. let's go back to the desk. >>> we are tracking a violent night in the neighborhood where police responded to both a shooting and a stabbing overnight. paul chambers is here to explain whether police believe the crimes are connected. paul? >> reporter: as you can see behind us, crime scene technicians are taking pictures of the scene and police say they have very little to go on after two separate crimes sent two people to the hospital. san francisco police say shots were fired in this neighborhood and the victim was taken to the hospital with non-life threatening injuries. we are being told that person was shot in the foot. now almost two hours later and after officers left the first seen this time responding to a stabbing.
like to welcome steve ballmer, senior bp -- vp. >> good morning and thank you. next up is governor hickel lipper -- hickenlooper. he is the serieaal a entreprener each of you have in your respective parts. he became very successful in the brew pub business. he never had a single election not even for stink -- a student council. governor? [applause] in keeping with the discussion, he is keen on innovation and things of that nature. i know that will come out. thank you, governor. >> are we all set? i am from the "mercury news," and we're here because we live in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget
bay. it's kind of moving around. steve will be here with a complete report. driving purposes. don't use the high beams. we're also checking 880. northbound, 880 near high street. they are clearing it now but the traffic is just a mess. 880 northbound. the alternate route for you would be 580 if you can get over there. 580 is crowded. traffic is backing up in san leandro on 880. bay bridge toll plaza, it's backed up. it's not all that bad. some people may be stuck on 880. but it's backed up for about a 15-minute delay. in san jose, we've been watching the road sensors. northbound 280, 101 and 85, you will see some slow traffic there. let's go to steve. >>> thank you, sal. >>> we're on on the mild side coast and bay. yet the fog reports continue to come in. evelyn in campbell, really, really foggy. jenny in benicia, the nothing horns are sounding. so i mean, it continues to move back in. it makes sense about 7:00 to 9:00. and then it will start to lift a little bit. 30s to 40s. it will be beautiful around the coast and bay. morning fog, sunny, warmer. i haven't wrote that or said th
'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again. little system coming into the northern part of the state. you can see that. again it favors areas to the west. upper 40s and low 50s. >>> good morning. we're looking at a live picture of eastbound interstate 80 where the lanes are clear here on 80. but a little after 3:00 this morning was much different story. a car hit the center divider near the ashby avenue exit and spun out. it was broadsided by an on coming car. two other cars were tangled up in the crash. the driver of the first car was a man. we're waiting to hear the extent of his injuries. one thing we do know it took awhile for this to clear up. more than an hour. the car was badly damaged. finally they opened up the lanes just after 4:35 this morning. and the traffic has completely recovered. stay with ktvu we'll find out more about this crash. let's go back to the desk. >>> we are following de
for waking up with us on this friday morning. brian flores has the morning off. steve paulson is here. it is very cold this morning. >> it is indeed. no doubt about it. we have 30s. although there is a little bit enough of obese. you can still there is a lot of moisture screaming down on the west. inland it will be a cool and breezy day. here is sal. >>> we have a major crash in berkeley on 80 eastbound that has been blocking lanes for a bit. you can still see activity there for a bit. let's go to tara moriarty who is there on the scene with more details. good morning, tara. >> reporter: it's a little hard to hear you out here because it's so noisy. we're on the university avenue overpass. i don't know if you can see where the flashing lights are. that is the westbound direction. on the other side is where the accident happened it looks like all lanes are clear. but if we take a look at the video we shot a couple minutes ago you can see there is a charcoal gray colored car. it hit the center divider. the car spun out right near the ash by avenue exit and another car came along and bro
for waking up with us, steve is here with the weather forecast, cold today. chills, freeze warnings? >> yes, it is on its way, dave and pam, increasing clouds, watch out for fog, still some pockets of it, highs today coming down in oh about 7 minutes, here is sal. >>> interstate 880, no major problems here, the traffic continues to move along very nicely if you are driving to downtown. san francisco 101 traffic approaching the 880 split, let's go back to the desk. >>> police are going door to door looking for witnesses involving a violent night in the pet rather neighbor -- pet rather row -- in a nearby neighborhood and police are learning what happened with a violent incident which happened hours apart. >> reporter: police say they have very little to go on after two separate crimes sent two people to the hospital. it happened 1:40 this morning shots were fired as a man was exiting his vehicle when he was struck by a gun and shot in his foot. hours after they left the first scene they were called back. this time they responded to a stabbing and in this situation the 49-year-old victim was
known, the retirement of vice president kevin martin and the retirement of our paralegal, steve johnson. that most recently happened two weeks ago. we are definitely going to fill the void that steve has left, i hope to fill the void and fill the shoes of kevin martin. we know it's a lot to ask but i can assure you that president delanus and i will make every effort to work with the chief as we have done since being on the executive board of the poa for the last 9 years. but before i do i want to acknowledge kevin martin who has 28 years of service not just with the san francisco police department but the san francisco sheriff's department and especially acknowledge steve johnson, who joined the san francisco police department in 1971, served 30 years and since that time has worked tirelessly along with kevin for the rights of our members and he has worked with every commissioner here. he's going to be a big loss to the poa, he wanted to be here tonight, he could not make it. he is in good health and spirits but i do have letters to each one of the commissioners on behalf of steve.
to steve. >>> all right. we do have -- some patchy fog. yesterday, was much more widespread, especially san jose. things seem to be a lot better today towards the south bay but there's still some in the north bay and east bay. the cold is the bigger story. it's not working its way in but it will tonight. no doubt about it, thursday into friday. lows will be dipping in the 20s. 30s, maybe even around the coast. windy, possible showers, but this is not a big system for big rain. it's a big system for cold air because of that already, thursday night and friday, a freeze warning is out for the north bay and frost advisories. i know we're still a day away. this will be very cold air. it might last until sunday. increasing clouds throughout the day. maybe a little filtered sun. 30s and 40s. some of that patchy fog. temperatures are stuck. haven't seen them move that much. here is the cold air. we'll see it will swing in. still about a day away. but a little bit cooler today with increasing clouds coming in. not a big deal. mostly cloudy, patchy fog, combination of the two makes for a gray day. av
. we'll have howard dean and steve forbes debate the issue. >>> and in cooperstown, new york, rampant steroid use has resulted in this, no one will be inducted into the baseball hall of fame this year, no bonds, no clemens, no one. we have the latest on this major league dis. >>> it's not a fiscal emergency, it's about the flu and it's not going to be the only city. >>> and finally, this trillion dollar platinum coin idea to solve the debt. not only stupid, it'll make the u.s. look like a banana republic. can we please avoid that, at least? the "kudlow report" begins right now. >>> another big day on the gun control front. a key statement from vice president biden on the issue. eamon javers joins us with the details. good evening, eamon. >> the white house suggests it could use an executive order to move gun control legislation reform forward here in washington, d.c. and also today, the vice president met at the white house with gun control advocates, some of whom shared their personal and emotional stories. >> my name is annette nance and my 16-year-old son blair holt was killed in c
for waking up with us this tuesday morning, i am pam cook. >> let's check weather and traffic, steve is right there and you've got a really interesting forecast. >> well, it will go from one extreme to the other. temperatures 30s and 40s. today will be sunny and warmer for many unless you are out in the eastern parts of the bay area but high pressure is building and that will bring us sunshine and warmer temperatures especially in the south bay, here is sal. >>> good morning, we have a lot of fog as steve has been mentioning and it is a little bit foggy as you can bear clay see -- barely see some of the roads. not a lot of fog, there is a big accident on the east shore and i have a big accident in just a few minutes let go back to the desk. >>> new details about the close call yesterday on the san francisco bay this morning the coast guard will meet with the bar pilot with the oil tanker that sideswiped the bay bridge. live with new information about the bar pilot and about what handed out there, alex? >> good morning, i just spoke with a representative, later today their investigators will b
, it is cold. let's check in with steve. >> it is cold, breezy you two. a lot of 30s and 40s. if it wasn't for that breeze it would be colder. couple showers possible. i think even inland could be a little bit more in the way of cloud buildups today. upper 40s and low 50s. here is sal. >>> traffic on highway 4 bay point you can see it moving along pretty well. san francisco northbound 101 traffic also looks good approaching the 80 split. let's go back to the desk. >>> we are following breaking news right now from the east bay. ktvu channel 2 reporter tara moriarty is in oakland where there is a raid going on. tara what can you tell us? >> reporter: if you take a look over here to my right to the right you can see this is the house that was actually raided just moments ago. and some of the people who live in that home were allowed back inside. officers have been questioning them but they're not under arrest. others were arrested. we're in the max well park neighborhood off interstate 5580. just after 5:00 this morning officers moved in. this is about one of half a dozen raids taking place
to welcome two experts. terry schmidt and steve clemens. -- gary schmidt and steve clemons. did his nomination surprise you? >guest: it did not. when you began looking at the transition from leon panetta and asking what kind of person who would have in there, someone who would command competency and stature. he seemed an obvious choice. host: news from "the new york times." pointing out to republicans who called him and appeasers based on what he said in a rock. he voted for the rock were but then turned against that conflict. the word appeasers seems to be pretty strong. -- iraq, but then turned aginst that conflict. the word "appeaser" seems to e pretde pretty strong. guest: the most important thing that happened during the war was the search. he voted against the surge. he called the worst mistake since the vietnam. when you're talking about putting somebody as secretary of defense and has such strong views, and wrong views, that is something that will be asking him. host: we're going to share with you some of the statements by senator haggle -- hagel. also, a number of speeches
with no major problems, let's go to steve. >>> i'm sure it will continue to form and some of that visibility can be a quarter mile or less. i think there are still issues. 34 oakland airport, but not far away. i am shower it is 36 and 35. so it is a drive pattern so it will be mild to warm and as we head towards the end of the week, until then partly sunny skies mostly cloudy, patch chi fog, mid-50s to upper 50s and some of that fog could make it tough. fog sun, a little warmer some lower 60s may be more so tomorrow, we'll see increasing clouds tomorrow turning much colder, we could see a few splash and -- showers and the cold will take us right through the weekend. >>> we have new details and how a woman was stabbed. >>> and good morning if you are driving on 880 heading south through the south bay, we will tell you about your morning commute and we will have a look at your forecast. (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful expe
, january 10th, i am pam cook. >> let's check weather, traffic, steve is right there, i know i need a coat, do i need an umbrella? >> no doubt, it is going to be a cold, cold day in fact we already have rain activity and even a snow mix in the santa cruz mountains and when that green turns to white it is a mix and that may be above 3600 feet. here is sal. >>> good morning, right now 237 steve traffic looks good as you travel through problems, and let's go back to the desk. >>> 5:01 a convicted murderer out on parole may have trucks again and this time police say he may have killed his own mother. live in vallejo with more on what has happened and the violent history of this man. >> this is also where they were called yesterday in this area and we are in a 2500 block of mars field road. they called him for turning in his 89-year-old mother. vallejo police say just before noon, he called officers and told them he killed his mother. once they arrived on the scene he took police to an area where they found his mother's body. he is a former death row inmate who was sentenced to death back in 19
it is 4:44 let's go to steve. >>> have i interesting pattern. not only do we get the cold, but next week looks sunny and warm and maybe we could get a lot of rain. we have the cold right now and some of this cold is producing some shower activity 30s on the terms to your and the coldest air has not moved in yet it is about really over towards pacific can -- pacifica and there is more land and it's more supportive. ben low man 2500 feet. a lot of 30s so i would not be surprised if they want to mix it but i tell you this is close to to getting sun and showers. scattered showers, these are showers, usually i say rain but very low snow levels and temperatures today they will struggle mightily. it is already off the coast and colder and showery and it will be a three dog night. 30s give way to 0s and 50s. there will be a series of weak system almost i am pack to time. it will keeps cruel and then another week. thank you pam. >>> we have new information about a teen who died in south lake tahoe what they revealed was running through her my including her death. >>> and they are trapped and the
confirmation. with me now steve clemens, editor at large for "atlantic" and has written things in support of hagel's nomination to the defense department and dan seymour and foreign policy adviser. gentlemen, welcome to you both. i couldn't think of two better people to do this and you both agreed. so, thank you. dan, i want to start with you, but i want to lay out this issue on israel and iran and i want to put up, we put together a few charts. sort of fuel for supporters and opponents when it comes to hagel and iran and israel. voted against iran/libya sanks in 2001 and blocked sanctions bills in 2008. he was in support of key nonproliferation bills having to do with sanctioning iran on nuclear weapons. as for israel, he didn't sign some letters of support of israel in the past. anti-hamas bill and voted for aid for israel as a senator. dan, why would you look at this record and say it's decidedly mixed for somebody who want somebody in there who wants nothing but always on the side of whatever israel wants the united states to do, he certainly is not a full fledged opponent of israel,
specialist tdd#: 1-800-345-2550 will help you get started today. liz: as first reported by fox business steve cohen's capital bracing for massive redemptions amid a wide ranging investigation into possible insider trading violations at the big huge fund although the fund is up this year. how long does up this year last? >> i mean, he's doing very well amid, like, a lot of pressure. we have to point out that, this is what i love about being on fox business, you know, sometimes like david versus goliath; right? we write the story monday, i did, you were traveling to one of your affairs. liz: the story that -- >> that fc capital was meeting with hedge fund managers, bracing for massive redemptions -- liz: pulling my money out? >> if you read the "wall street journal," they copied our lead five days later, it came out today. what the journal missed, and in addition to becoming very late on the story, they missed why it's happening. it's not necessarily that people want to hate steve because they don't. i can tell you that financial advice, guys who control money, the fun, the funds that invest in
discrimination there. that is good for the economy. >> steve, you can always justify thingings. but the bottom line regulations are a tax on business. are they not? >> they are indeednd people who love regulations make it a choice between anarchy and reguleses. in term of job creation and having bankings. i know a midsize bank had t hire a thousand people of compliiancand that means fewer loan officers. regulations are a burden pure and simple . the p.m. claims to be for maul business and jobs and yet he comes out with a basket full that hits at jobs. >> rich put it in the right way n from the beginning. they have to hire someone to keep track of all of the regulations and that is hiring that is not goingo growing and productivity and growing the economy. it is it sneaky stuff. you can see it wreaking havoc in the university system. every one teacher, you have more than or one administrator. >> that's where my tuition money is going. >> they haveg wellulations to keep up with. >> rich, you are right there and made a lifetime of studying the way business works. do you hear peoe complaining and
-- not as much fog. we will talk about the fog with steve right now, 4:38. >> there will still be some, there was pockets of it. it was really thick for a while, some areas struggled to get out, other areas and clouds were increasing and this is the leading edge of the big change in our pattern. temperatures have come up but we are ready to go down and in fact if we get to tomorrow morning, there is no doubt. ridge of high pressure is going down and temperatures will begin to drop off. they will cool down a good 5 to 8 degrees and there could be a few splash and dash showers. it will be cooler tonight and yesterday we topped out on the temperatures and we were on our way down in the temperatures not much in the way tonight but i expect to pick up 50s on the temperatures and get ready for the cold. there could be a few, not really so much over us, i mean there is already a freeze warning for friday. the weekend looks good but they are very, very cool. >> 4:39 more disappointment for an openly disappointed teen who was denied his quest to become an eagle scout. >>> and they are going thr
. be sure to pick up a copy of skeef w steve weiss's new novel. >> go gm long. >> i knew that. >> titan. buy it. >> more at 5:00 tonight. follow me on twitter. and "power lunch" begins right now. >> "halftime" is over. >> "power lunch" and the second half of the trading day starts right now. >> an unhedged hour of "power lunch." an hour filled with breaking news. in 30 minutes time we expect president obama to name jacob lew to replace timothy geithner. it the white house really getting serious on gun control? under way right now, vice president biden, at the chair's seat. we should have answered very soon. and new rules on mortgages. being announced today. we will highlight changes and explain how they could affect you. >>> first though, sue at the new york stock exchange. sue? >> ty, as you mentioned, president obama will announce jack lew as his nominee for secretary of treasurer. he staffers believe it will be approved. analyst say the president's pick is a sign he will move forward with planned economic reforms and do so aggressively. mr. lew served as coo of nyu and worked at citigroup
. in december 2011, steve kroft reported on two such cases. we begin with a woman named eileen foster, a former senior executive at countrywide financial, one of the epicenters of the crisis. >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> but eileen foster has never been asked, and never spoken to the justice department, even though she was countrywide's executive vice president in charge of fraud investigations. at the height of the housing bubble, countrywide financial was the largest mortgage lender in the country, and the loans it made were among the worst, a third ending up in foreclosure or default, many because of mortgage fraud. it was foster's job to monitor and investigate allegations of fraud against countrywide employees and make sure they were reported to the board of directors and the treasury department. >> how much fraud was there at countrywide? >> from what i saw, the types of things i saw, it was-- it appeared system
was not granted pay -- steve harrison says an hour twitter page -- the national journal has a piece available online focusing on at this and other issues that the president will be facing in his second term. the headline -- seven democratic senators in conservative states facing tough reelection bids in 2014 said that the president has already had some unpleasant stumbling blocks within his own party. and gun control, the white house is calculating that it will be exceedingly difficult to pass broad measures. that is according to the new york times. rockefeller announced his retirement on friday, making his seat vulnerable for the first time since 1959. this story is available at nationaljournal.com. emery joins us from michigan, the independent line. host: good morning. i just wanted to know, how does the american people think it is totally obama's galt we are in debt? we had things going on such as the war that caused so much money. that -- that cost so much money. we have jets, we have so much put out to protect us. how could people be so upset, wondering if obama will be able to go throug
guests on "washington journal" is steve clemens and gary schmitt. ruchir sharma will discuss his book "breakout nations." "washington journal" live on c- span. >> this weekend on "
jose northbound 101 on 285 that traffic is moving well. let's go to steve. >>> we have livermore, napa, san jose, already reporting morning clouds and it is a dry forecast and turning colder. late wednesday night into thursday, it does not brooks laich a wet pattern. temperatures drops to the dew point and that is getting thicker and thicker and it should start to burn off. a lot of these high clouds are spilling over and most of the energy is staying to the north. i have seen a lot of temperatures around antioch and brentwood anywhere from 38 to 47 so take your pick. the city has 44 but there is fog reported in san francisco and there is fog all over the place and we will have to deal with that. there is a little bit of light snow near the oregon border but dashboarder but for us, more so tomorrow and then we will go right down and big time cooling comes in on friday. a bit of a damp cold and most locations will stay calm. 50s on the temperatures a few mid-to-upper 60s to morgan hill gilroy and it will be warmer on tuesday and we start to see mid- week transition, and we could see a f
news. >>> good morning. thank you for joining us this tuesday morning, january 8th. >> steve just took us back to the '60s. >> well some of us. >> i don't remember. >> very sharp today mr. clark. that is very stylist. mr. blackwell would approve. 30s and 40s but ones we get through the fog sunnyside up and warmer and 50s and 60s on the high, here is sal. >>> well, if you are going to san francisco and if you are using any of the bridges, it looks good. also on westbound bridge, coming down to the golden gate bridge, that traffic is nice, let's go back to the desk. >>> we are starting with new details on the san francisco bay, this morning the coast guard will be meeting with the oil tanker which sideswiped the bay bridge. he has this new information about the bar pilot and about that accident, good morning. >>> they have learned the bar pilot in yesterday's collision did pass but the results of a drug test are expected to be back later on today. i want to show you it is a 750- foot oil tanker, it sideswiped one of the bay bridge toll plazas and as this investigation unfolds, they gathe
a difference a week makes. this morning, it's about a 15, 20-minute delay. let's go to steve. >>> thank you, sal a lot of fog around there. higher clouds coming in. a beautiful sunrise. but the higher clouds are all we'll see out of this system mainly staying to the north. there's thick fog being reported in the bay. morning fog, higher clouds. a little warmer tomorrow. it's a dry forecast and then on wednesday into thursday turning colder, much colder thursday,/friday as we get a stronger system coming in. we'll have a lot of cold air coming in thursday/friday. the recent rain has moved off into southern california. and then out of the area. but the overnight temperatures and the dew point coming together and that gives us thick fog. that will be with us today and tonight. these higher clouds, coming down around the southern edge of the system which has been spilling over. so we get the higher clouds. patchy, thick fog in the morning. 30s and 40s. higher clouds in the afternoon. 54 to 62. most locations, 30ss, 40s. novato is sweeping in. i did see a 39 there. fairview is 34, 34 livermore.
? alec baldwin and steve martin. tina fey and amy poehler? or hoda kotb and me? >> b. >> yes. you're right. he is helping you. >> tina fey and amy poehler. the promos are perfect. >> such good friends and they are both nominated for best actress in a comedy series. tina for "30 rock" and amy for "parks and rec." they are going to be so funny. they both know improv. he'll be hilarious, i think. different from ricky gervais, who is meaner. >> what is the only film to win the golden globe in all five major categories? >> oh, help. we'll go with "godfather." >> no, no, no. >> not such a good husband. >> the correct answer is "one flew over the cuckoo's nest." >> the other ones actually "godfather" and "dr. zhivago" both won five but not best actress. that's the difference. one flew over the cuckoo's nest won best actress in this classic movie about the loony bin. "titanic" only won four. >> back across to kath. >> all right, sir, which film received the most nominations at this year's golden globe awards? >> les miserables? >> no. >> but good news. >> he looked disappointed until now.
are a low-cost iphone for emerging markets. shanghai evening news claimed the apple marketing chief steve shiller says the future for apple isn't cheap phones. apple hasn't responded to my request to clarify what shiller said and frankly i don't trust language that's been translated and retranslated. the future of apple isn't cheap ipads but that doesn't stop them from coming out with ipad minis. you can bet they have worked on a phone that would meet their standards and avoid cannibalizing the high-end iphones. if they release one, that's a bigger story. >> apple stock, a buy or a sell? the stock hovering around $500 a share. still well below its all-time high, so is it a buy or not? on the technical side of the story ennis tanner with me with riskreversal.com and on the tech fundamental side, jeff, we'll start with you. >> growth rates in china, it's huge, but i think there's a bigger story here in apple, and we can talk the numbers to death, but there's a transition going on. over the last six years apple has been this hyper growth company with an investor base that included everybody,
'll get much more on the markets coming up, but first steve liesman with breaking news right now. this is the latest read on the u.s. economy. steve, what can you tell us? >> maria, thanks very much. the federal reserve reporting consumer credit for november, consumers in a borrowing mood with consumer credit rising 7%. non-revolving credit, auto, student loans, up by 9.6% with a big rise in student loans. the federal part of this thing was up pretty strongly, and non-revolving credit was up 1.1%. student loans up by $5 billion to a record $521 billion, and outstanding bank credit card was up by 6 billion as well so banks were not shy about alleged on the credit cards. meanwhile, jeff lacquer, fed president saying growth at 2 it is is what is expected for 2013 but 2014 could be stronger with reduced risk and ending some of the financial uncertainties that have -- that he says hobbled growth in 2012. he repeated his opposition to current fed policy and warned that a big fed balance sheet means that the economy is vulnerable to even small mistakes. maria? >> all right. steve, thank
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